With inflation readings softening in key regions and energy markets still highly sensitive to geopolitics, many investors are looking at nuclear energy stocks as one way to gain exposure to reliable power production. The Nuclear Energy Stocks screener focuses on companies across uranium production, enrichment and reactor operations that are directly linked to this theme. It filters a wide universe into a tighter shortlist that may be easier to research and monitor. In this article, you will see 3 notable stocks from that screener and what stands out about each one right now.
Bird Construction (TSX:BDT)
Overview: Bird Construction is a Canadian contractor that builds and maintains large industrial, institutional, and infrastructure projects, from data centers and nuclear facilities to roads, bridges, mines, and public buildings, often providing both construction and ongoing maintenance services.
Operations: Bird generates all of its CA$3.5b in revenue from general contracting activities in Canada.
Market Cap: CA$4.2b
Investors looking at nuclear and broader energy infrastructure may find Bird Construction interesting because it sits at the center of some of Canada’s largest long-term projects, including a recent CA$1.0b wave of awards across nuclear, LNG, civil, and public buildings, plus a lead role on Bell’s 300 MW data center in Saskatchewan. At the same time, the company is working through pressure from thin, declining profit margins, high reliance on external borrowing, and sensitivity to delayed capital projects, which could limit how much of the strong backlog turns into attractive earnings. The key question is whether Bird’s growing pipeline, recurring maintenance contracts, and new debt structure can offset these risks and reshape its earnings profile over the next few years.
Bird Construction’s growing project pipeline and new debt structure could be masking an underappreciated shift in its risk and earnings mix, and the 1 key reward and 1 important warning sign might highlight the twist that changes how you see the stock
Xcel Energy (XEL)
Overview: Xcel Energy is a long established US regulated utility that supplies electricity and natural gas across eight states, using a mix of wind, nuclear, solar, hydro, biomass, coal, and natural gas generation alongside a growing portfolio of grid and energy technology investments.
Operations: Xcel Energy generates about US$12.3b from electric services and US$2.5b from natural gas, with smaller segment and intersegment adjustments, all from customers in the United States.
Market Cap: US$49.2b
Xcel Energy is notable in the nuclear and grid theme because it sits at the center of a US$60b capital program tied to data centers, electrification and cleaner generation, while also offering a 3% dividend yield and a long history of payout growth. The trade off is meaningful, with more than US$15b of extra capital needs, a recent US$4.3b equity raise, wildfire exposure and heavy dependence on constructive regulators across several states. For investors who want regulated earnings, clean energy and nuclear exposure with load growth tied to data centers, the key question is whether Xcel’s grid expansion and policy support adequately compensate for dilution risk and balance sheet strain, or if those pressures limit potential upside.
Xcel Energy’s huge US$60b cap plan, data center load growth and cleaner generation goals could be reshaping the story, but the real tension sits in the 2 key rewards and 2 important warning signs (1 is major!)
Energy Fuels (TSX:EFR)
Overview: Energy Fuels is a US based producer of uranium, rare earth elements, vanadium, and heavy mineral sands, aiming to build a vertically integrated platform that runs from mines and feedstock through to processing and advanced materials. Its assets include uranium mines, the White Mesa Mill rare earth facility, and projects and acquisitions that target a larger role in western critical minerals supply chains.
Operations: Energy Fuels currently generates about US$84.6m in revenue primarily from its Uranium segment, with a small segment adjustment.
Market Cap: CA$4.0b
Energy Fuels gives you exposure to both nuclear fuel and critical rare earths in one company, with uranium production ramping and the White Mesa Mill plus the planned Vacuumschmelze acquisition aiming to create an end to end Western supply chain backed by a conditional US$725m government loan. Analysts currently forecast increases in revenue and earnings, but the company is still loss making, carries a high P/S multiple and needs large funding to advance projects and close the roughly US$1.9b VAC deal, so execution and policy support are important factors. Future outcomes will depend on whether Energy Fuels secures reliable feedstock, brings new projects online and manages financing without heavy dilution, and on how government support and its level of vertical integration are viewed over time.
Energy Fuels’ push to combine uranium, rare earths and a conditional US$725m loan hints at a much bigger story, and the analyst forecasts for Energy Fuels could reveal the one growth swing investors might be underestimating.
The three stocks covered here are only a starting point, and the full Nuclear Energy Stocks screener surfaces 296 more companies tied to nuclear fuel, enrichment and reactor operations with equally compelling narratives. You can use Simply Wall St to identify, analyze and filter for the specific catalysts and storylines that matter to you, then focus on the nuclear energy opportunities you find most compelling.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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